Be sure to check our sister interview main ratings news website

Valeura Energy details near-term production and acquisitions

Special purpose vehicle (SPV) interest

Valeura has increased its ownership of the SPV subsidiary company, Valeura Energy Asia, from 85 to 87.5 per cent thanks to its cumulative cash contributions to the vehicle.

The company conducts all of its Thailand business through the vehicle.

Wassana oil field

Valeura is confirming the recertification of its mobile production unit, Ingenium, enabling its ongoing use as the production and processing facility for crude oil from the Wassana oil field on Licence G10/48, offshore Gulf of Thailand.

Valeura Energy Inc (LON:VLU) is an upstream oil & gas company, with a clear strategy to add value for shareholders. The Company has a strong balance sheet positioning it for potential inorganic growth opportunities in the near/medium-term, and substantial longer-term upside potential through an operated deep, tight gas play. 

Read in Full
Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Valeura Energy

More articles like this

Valeura Energy

Natural Gas rebounds amid rising demand

30th January 2025

February Nymex natural gas prices rebounded as traders covered shorts amidst surging European gas prices. Warm US weather and EIA draw forecasts also in focus.

Valeura Energy

Valeura Energy completes Jasmine Field drilling, boosting output

27th November 2024

Valeura Energy Inc (TSX:VLE, OTCQX:VLERF) has announced the successful completion of an infill drilling campaign at the Jasmine field in Licence B5/27 (100% operated working interest), offshore Gulf of Thailand. Dr. Sean Guest, Valeura Energy President and

Valeura Energy

Valeura Energy completes restructuring of Thai operations

12th November 2024

Valeura Energy Inc., a Canadian company focused on petroleum and natural gas exploration and production, recently finalised a reorganisation of its subsidiaries in Thailand. This internal restructuring now consolidates Valeura’s interests in the Nong Yao, Manora,

© 2024 – DirectorsTalk. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.